In reality, I could argue that spending money on fighting climate change results in global warming. The correlation between dollars spent fighting climate change and temperatures is much greater than between CO2 and temperatures. Anyway, how much do we need to spend to “save the Earth?” Would you believe $7 Trillion, Trillion with a capital T, per year, and then boost spending in the future!!!

“The International Energy Agency estimated in a recent report that the world needs to spend $359 trillion between now and 2050 to avoid catastrophic climate change. “

Spend $359 Trillion for what? Would you believe at most, 0.9 Degree C of relative cooling? According to “Climate Earth Tracker,” that is the expected benefit by the end of the century. Here is a video that details the numbers.

“But here’s the biggest problem: These miniscule benefits do not come free; quite the contrary.

The cost of the Paris climate pact is likely to run to 1 to 2 trillion dollars every year, based on estimates produced by the Stanford Energy Modeling Forum and the Asia Modeling Exercise. In other words, we will spend at least one hundred trillion dollars in order to reduce the temperature, by the end of the century, by a grand total of three tenths of one degree.”

So now we have some numbers to play with; $7 Trillion/yr, $359 Trillion by 2050, $100 Trillion by 2100, all for 0.9 Degree C of relative cooling. BTW, 0.9 Degree C would fall within 2 standard deviations of the thermometer’s error.

The most widely used instrument in US airports and other locations for temperature measurement is the Automated Surface Observing System (ASOS). The user’s guide for ASOS states the specifications for accuracy of the temperature measuring instruments in the form of Root Mean Square Error (RMSE) and Maximum (MAX) Error. For an ambient temperature range of -58ºF to +122 ºF the RMSE is 0.9 ºF and the Maximum Error is plus or minus 1.8 ºF.

Giving every American $22,000/yr
Giving every person on the face of the Earth $933/yr
7,000 new drugs/yr
8,750 new major hospitals, or 4.7 million new hospital beds
14,000,000 miles of new road/yr
28,000,000 Family MDs salaries
70,000,000 Teacher’s salaries
35 Apollo Missions
Preserve 700,000,000 acres of Rain Forest
70,000 endangered species breeding farms

$359 Trillion is the equivalent of:

4.6 years of the entire World’s gross production
20 years of the entire gross production of America
359,000 new drugs
448,000 new hospitals

The bottom line is, the most effective, efficient, affordable and achievable way to improve the lives of countless people living in poverty is to get them a reliable, accessible and inexpensive energy source. If the people voting to waste other people’s money on fighting climate change had to live a single day without the cheap energy they are accustomed to, they would immediately change their attitudes. Fighting climate change is an agenda of the elites detached from reality.